Samsung: Not Just The Chips Are Down
Used to having their factories running seven days a week, three shifts a day, the 50,000 factory workers of Samsung Electronics Co. (SEC) are getting an unexpected opportunity to relax this summer. Since June, they've had two extra days off a month. They'll even get a paid five-day holiday, the first since 1992. They owe their break not to management but to the worldwide slump in memory-chip prices that has forced the world's largest maker to cut back production.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.